SBP reserves rise $730m to $15.8bn

MG News | April 30, 2026 at 06:46 PM GMT+05:00

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April 30, 2026 (MLN): The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $730.3 million or 4.84% WoW to $15.83 billion during the week ended on April 24, 2026, according to the data released by the central bank on Thursday.

Similarly, the country's total reserves increased by $640.5m or 3.1% WoW to $21.27bn.

The reserves held by commercial banks fell by $89.8m or 1.62% WoW to $5.44bn.

The increase in SBP’s reserves is mainly due to receipt of Pakistan Eurobond proceeds.

The outlook for reserves remains positive, with further improvement anticipated after the expected approval of $1.2 billion by the International Monetary Fund (IMF), whose executive board is scheduled to meet on May 8.

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